Popular real estate near New York, NY (E 60th St / 1st Ave)
E 60th St / 1st Ave median real estate prices are $654,115, which is more expensive than 91.7% of the neighborhoods in New York and 96.5% of the neighborhoods in the U.S.
Average rental prices in E 60th St / 1st Ave are currently $1,944, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.0% of the neighborhoods in New York.
E 60th St / 1st Ave is a densely urban neighborhood (based on population density) located in New York, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
E 60th St / 1st Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the E 60th St / 1st Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
E 60th St / 1st Ave has a 13.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.9% of American neighborhoods). This could either signal that there is weak demand for real estate in the neighborhood, or that much of the housing stock is seasonally occupied, which can occur in some markets dominated by colleges or vacation homes. Either way, if you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.Notable & Unique: Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 96,289 people per square mile, it is more densely populated than 99.7% of America's neighborhoods. Do you like a coastal setting? If so, this neighborhood may be to your liking. The E 60th St / 1st Ave neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, E 60th St / 1st Ave is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, one of the really unique and interesting things about the look and setting of the E 60th St / 1st Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 98.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.7% of all neighborhoods in America.
Furthermore, the E 60th St / 1st Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 87.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the E 60th St / 1st Ave neighborhood stands out as being ranked among the lowest 0.1% of neighborhoods affected by this global issue.
In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 53.2% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.7% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the E 60th St / 1st Ave neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 98.7% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the E 60th St / 1st Ave neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.
Finally, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 46.0%. This is a higher percent living alone than we found in 96.0% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.Notable & Unique: Occupations
The E 60th St / 1st Ave neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.8% of the neighborhoods in American. In fact, 82.2% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or three. But households in the E 60th St / 1st Ave neighborhood buck this trend. 73.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.7% of U.S. neighborhoods.Notable & Unique: Modes of Transportation
In the E 60th St / 1st Ave neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 51.1% of residents here. This is a higher proportion of walking commuters than we found in 99.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 27.6% of the E 60th St / 1st Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.3% of America's neighborhoods.Notable & Unique: Diversity
Did you know that the E 60th St / 1st Ave neighborhood has more Austrian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Austrian ancestry and 1.8% have Brazilian ancestry.
E 60th St / 1st Ave is also pretty special linguistically. Significantly, 4.9% of its residents five years old and above primarily speak Hebrew at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.The Neighbors The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the E 60th St / 1st Ave neighborhood in New York are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.5% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 99.9% of America's neighborhoods.The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the shear diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations. In the E 60th St / 1st Ave neighborhood, 82.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 8.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.1%).The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today. In the E 60th St / 1st Ave neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Asian (17.9%). There are also a number of people of Italian ancestry (9.0%) , and residents who report Russian roots (6.0%) , and some of the residents are also of German ancestry (5.9%) , along with some Irish ancestry residents (5.5%), among others. In addition, 30.8% of the residents of this neighborhood were born in another country.The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the E 60th St / 1st Ave neighborhood is English, spoken by 71.9% of households. Other important languages spoken here include Spanish, Hebrew, Chinese and French.Getting to Work
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in E 60th St / 1st Ave neighborhood spend under 15 minutes commuting one-way to work (36.1% of working residents), one of the shortest commutes across America.
Here most residents (51.1%) hop out the door and walk to work to get to work. In addition, quite a number also take the train to get to work (27.6%) and 7.8% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
|MEDIAN HOUSE VALUE||$654,115|
HOUSE VALUE RANGE
|RENTAL PRICE||Very high cost relative to NY, very high cost relative to the nation|
|NEIGHBORHOOD LOOK, FEEL, & CHARACTER||DETAILS|
|THE SETTING||Densely urban (based on population density) , coastal|
|TYPE OF HOMES / DWELLINGS||Mostly Complexes/high rise apartments|
|SIZE OF HOMES / DWELLINGS||Mostly Small dwellings (1, 2, or no bedrooms), some Medium-sized dwellings (3 or 4 bedrooms) and a few Large dwellings (4 or 5 bedrooms)|
|AGE OF HOMES / DWELLINGS||Mostly Well established older homes (Built 1940 - 1969), some Established but not old (Built 1970 – 1999), some Newer Homes (Built 2000 or later) and some Historic homes (Built 1939 or earlier)|
|SPECIAL CHARACTER||Mostly Nautical, Urban Sophisticates, Hip & Trendy and Walkable|
|AGE & LIFESTYLE||Mostly Young singles-upwardly mobile (young, educated, professionally employed, and single), some Mixed ages, some Families with children (family households with school-aged children) and some Seniors (people 65 and over)|
|EDUCATION LEVEL||Rating: 10 (5 is average for the U.S., 10 is most educated)|
|INCOME||Wealthy (among the 15% most wealthy communities in America)|
|OCCUPATIONS||Mostly Executive, managerial & professional, some Sales & Service workers and some Clerical, assistants & technical support|
|ETHNICITY / ANCESTRY||Mostly White (non-Hispanic), some East Asian, some Italian ancestry, some Hispanic, some Irish ancestry and some Black|
|LANGUAGES||Mostly English speaking, some Spanish speaking and some French speaking|
|SCHOOLS IN THIS NEIGHBORHOOD||GRADES|
|There are no schools physically located in this neighborhood.|
This neighborhood is served by one 1 district.
60,665 Students enrolled in District
READING & MATH
|ETHNIC/RACIAL GROUPS||THIS DISTRICT||THIS STATE|
|WHITE (NON-HISPANIC) (%)||21.6||49.2|
|ASIAN OR PACIFIC ISLANDER (%)||23.0||8.3|
|AMERICAN INDIAN OR NATIVE OF ALASKA (%)||0.6||0.5|
|ECONOMIC GROUPS||THIS DISTRICT||THIS STATE|
|ECONOMICALLY DISADVANTAGED (%)||60.0||48.1|
|FOR THIS DISTRICT||PER STUDENT||TOTAL||% OF TOTAL|
|NEIGHBORHOOD EDUCATIONAL ENVIRONMENT|
|ADULTS IN NEIGHBORHOOD WITH COLLEGE DEGREE OR HIGHER (%)||83.0|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||0.0|
|PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO NY*||COMPARED TO AMERICA*|
|LAST 10 YEARS|
|LAST 5 YEARS|
|LAST 2 YEARS|
|LAST 12 MONTHS|
|* 10 is highest|
E 60th St / 1st Ave neighborhood appreciation rates are for subscribers only. New York, NY appreciation rates (city-wide averages) are open to all visitors.
National Median 3.9
My chances of becoming a victim
in E 60th St / 1st Ave SUBSCRIBE FOR DETAIL
in New York 1 in 126
in New York 1 in 251
National Median 29.1
My chances of becoming a victim
in E 60th St / 1st Ave SUBSCRIBE FOR DETAIL
in New York 1 in 44
in New York 1 in 52
E 60th St / 1st Ave neighborhood Crime data are subscription only. New York, NY crime rates (city-wide averages) are open to all visitors.
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